The bill amends the Public School Code of 1949 to introduce new regulations concerning intercollegiate athletics, particularly focusing on the rights of college athletes in relation to Name, Image, and Likeness (NIL) agreements. It defines key terms such as "NIL," "NIL collective," and "NIL compensation," while clarifying the roles of athlete agents and the rights of both prospective and current college student athletes. The legislation ensures that athletes can enter into agency contracts and NIL agreements without interference from institutions or athletic associations, which are prohibited from imposing restrictions on these activities. Additionally, institutions cannot penalize athletes for engaging in NIL agreements and must disclose any financial relationships tied to these agreements.

The bill also establishes confidentiality for NIL agreements, stating that they will not be considered public records. It mandates that producers of college merchandise must pay royalties to student athletes whose NILs are used and prohibits institutions from controlling group licensing rights for these products. Furthermore, it sets strict regulations for athlete agents, including prohibitions based on legal issues or criminal convictions, and requires written acknowledgment from student athletes before contracts are executed. The legislation empowers student athletes to pursue private civil actions against violators, aiming to protect their rights and create a fairer environment in college athletics.

Statutes/Laws affected:
Printer's No. 1790 (May 30, 2025): P.L.30, No.14